A solar inverter is a key part of the solar energy system that performs many functions. Over a long period of time, the benefits of the inverter compensate for the solar inverter price and make it worth making the investment.
If you want to shift to solar energy but are in doubt about the solar inverter price, this article is for you. Below, we have mentioned some reasons why every homeowner should consider getting a solar inverter for their solar energy system.
Decoding the Solar Inverter Price
Not every solar inverter costs the same. As a matter of fact, solar inverter price is affected by many factors, and knowing them in advance helps you make an educated decision. Here is a list of some of the most important factors that affect the solar inverter price:
- Inverter Type
If you are making up your mind to buy a solar inverter, its type should be the first thing you should decide on. Mainly there are two types of solar inverters: off-grid and on-grid. While off-grid relies only upon solar panels for energy, an on-grid inverter is also connected to the local grid. The type of inverter you choose makes a big impact on the final solar inverter price.
- Battery
Another major factor that affects solar inverter price is the capacity of the backup battery. First, you should determine how much power you are going to need in case of power outages, and then you should choose the battery according to the calculations. Take the wattage requirements and backup hours into consideration while making the backup battery power calculations.
- Inverter Technology
Thanks to continuous technological advancements, there are multiple inverter technologies available to the homeowner. Since the underlying technology is what makes an inverter run, it too affects the solar inverter price.
Different inverter technologies fulfil different needs. For example, if someone needs to make switches between the utility grid and solar power, they can choose PWM or Pulse with Modulation Controller technology. On the other hand, if someone needs to make sure that their solar panels are rending the most optimal amount of power, they should get MPPT or Maximum Power Point Tracking technology.
Benefits of a Solar Inverter
The following benefits of a solar inverter make it worth the investment:
- Maximize Energy Production
A solar inverter can keep track of the voltage in order to find the maximum amount of power on which the modules can function effortlessly. Since the inverter focuses on solar panel voltage, the homeowner gets clean energy.
- Monitoring System Output
A solar power system is capable of generating thousands of watts of solar electrical energy each day. A solar inverter can help you see how much you are generating, along with the efficiency of the system. It can also help you with solar power system maintenance by tracking if there is any discrepancy in system output.
- Communicating with the Utility Grid
Solar inverters with smart technologies have the capability of communicating with the utility grid. They can do simple grid-supportive tasks such as voltage checks, frequency checks, and switch control.
Summing It Up
There are many factors, such as underlying technology and battery capacity, that affect the solar inverter price. Understanding these factors, along with the benefits of a solar inverter, helps you make the right decision.
Lastly, do not forget to get the solar inverter only from a trusted company. Luminous is well-known for making high-quality solar power solutions at budget-friendly prices. Once you install the solar inverter in your solar energy system, you will finally be able to experience its benefits which makes it worth the investment.